1508 Enchante Way
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2021 | Sold | ||
| Sold | |||
| May 30, 2021 | Listed by Compass | $719,900 | |
| Listed by Compass | |||
| | |||
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Beautiful home in coveted Rancho Del Oro! Walk along the pathway to enter this lovely 3 bedroom 2.5 bath two-story home. New carpet, paint inside and out and landscaping. Soaring high two-story ceilings, open concept floor plan with an abundance of natural light. Just off the main entry, find the expansive living room with a fireplace that is open to the kitchen and dining room with sliding glass doors, making for a great place to entertain guests! Open-concept floor plan with granite counters, and center island in the kitchen. The upstairs layout is ideal with the master bedroom to the left and two additional bedrooms to the right, separated by a loft. The master bedroom features a double-door entry and the master bath has dual sinks with walk-in shower, separate tub, and large walk-in closet. The private backyard is great for entertaining friends and family or relaxing with patio and lawn space. Close to the neighborhood tot lot and park. Low HOA, and no mello-roos. Just blocks from the accredited Ivey Ranch Elementary, Martin Luther King Jr. (MLK) Middle School, and El Camino High School with close proximity to Martin Luther King Park-soccer field, baseball fields, hockey rink & skate park, walking & hiking trails, and Mottino Family YMCA. 10-minute drive to the beach. Centrally located, close to 76 Expressway, 78 & I-5!
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| Dec 15, 2017 | Sold | ||
| Sold | |||
| Sep 16, 2017 | Listed by McLain Properties | $535,000 | |
| Listed by McLain Properties | |||
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About Ivey Ranch - Rancho Del Oro
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017